Topic: Do the juice Worth the squeeze? (Read 1379 times)

I think that people who venture into gambling have already decided that the juice is worth the squeeze and by the way where do you guys come up with these terms, I remember this being widely used in the movie of 2004, "The girl next door" which was a nice movie by the way. People who gamble are bold by nature and I think those who don't are not bold in the sense that the people who gamble take a lot of risks by gambling meaning they like the adrenaline found in such activity and that they are bored by a life without adrenaline and challenges, so yes for most gamblers the juice is worth the squeeze.

The chances are lower than 50/50 and that is another reason why the juice is worth the squeeze as when you win with such low odds in your favor you have that energizing feeling of victory.

The goal of betting to win large amount is never possible all the time, sometimes we win large and count it as a lucky day, but when we lose some days we count it as part of fun in gambling. but i don't think it's worth the too much time spent on it or the too much energy invested on it. Because overdoing it will lead to bad habits otherwise known as addiction. Gambling should be done at ease with the little amount we can afford to lose and not a thing that will drain us financially, mentally and otherwise.

Like I said before it doesn't worth it atol.

This depends on the reason why somebody wants to gamble, some engage in it to entertain themselves without much emphasy on making money while others are to make money. For the category of gamblers that are into it to make money they have to determine how far their willing to risk their money for the chances of winning more money. Their decision will determine how far they'll be willing to squeeze their hard earned money into gambling, so it's about the levels of risk tolerance. For people like me who gamble for fun and not really to make money from it, we make sure to use the amount that we can afford to loose.

Even though risk is at the centre of both gambling and investments, the risk that's associated with investment is far less than what's associated when you're gambling. There's nothing like gambling with an amount and then only get to loose a portion of it. It's either you loose or you win regardless of the amount you've used in gambling. The profit might come faster than when you're investing in an asset same way you can also loose all of it too fast on the same day you did the gambling gambling but that's never the case with investing in an asset iether a digital one like Bitcoin or even if you invest in a project or in real estate. It might take time before the land or property appreciates well but even if you're going to experience loss, you will at least have the chance of watching your investing going down gradually and if you so desired, you can sell before it DIPs too much.

The mistakes some people make is that in the process of gambling, they become too certain of a prediction they've made and then they go on to using a very huge amount of money for the gamble. There is nothing like being 100% certain about your prediction. Regardless of what's you've used in carrying out your analysis and the potential result you've thought to see, trying to squiz all the expected profit instead remaining stucked to what you've always used as a budget will be a drive towards shooting oneself on the foot.

Gambling is really that based on luck and this is something that people should really be that mindful about on the risks involved. It is really just that for the sake of fun and entertainment.
If you are doing gambling just because you are really that optimistic or positive towards winning the game the this would really be creating that kind of desperation.
If you are really that playing for the sake of fun then you wont care about on how much you would be losing as long you are really just that making use of the amount that you can afford
to lose then there would really be no issues in regarding into this one. It will really be always best that you should really know your limitations and on whats the real purpose of gambling
in the first place.

Both gambling and investment have a risk but the difference is in gambling you will just base your luck we know how gambling casino has an edge for its every player not unless you are one of the lucky guy wins every time on your game. In investment your risk is your decision and of course how you will manage it so this you can lessen the risk at least. People seeing gambling is one of the fastest way to earn which is right but also the fastest way too to lose your money unless you are well-skilled. Personally ill do gambling if I will have a lot of money came from the asset I build so I don't need to worry too much about the money that I play but of course with proper gambling habit to prevent loses all your money in just being greedy.

With the diligent mindset, you should not because it is your hard earned money and risking it means equal to losing it. So you cut risks by risking a smaller amount or use money that was never yours to begin with in order to get the guts to gamble on it.

All these reeks the inherent tendency of human greed to solve the problem quickly at get money out of it. There are methods to distribute the risk and allocate different classes of assets in your folio, but gambling surely is not one of them.

But to feed the addiction the games must continue.

Cutting capital can effect to someone to aware with his money so he will not trying to keep playing gambling. Even if someone have limitation in gambling, that doesn't mean he can still limit his money that he use to bet. Many people losing their limitation in gambling because gambling can tempts anyone including people who have limitation to keep playing gambling.

If someone can really limit his gambling activity, that will be good for him but we know how gambling can tempts anyone. If all gamblers chasing the winning, they must be careful and always remember that winning in gambling is not easy. So they must know how to manage their capital that will be used for playing gambling and always prevents from playing gambling excessively and limit their money.

Whatever relies on luck for you to have a win should be treated with less hope and interest, not a way of investing in it because it doesn't yield fruitful results as one may anticipate.

The gambling in question is not benefiting anyone, but rather the entertainment it brings. That's why you see many gamblers gambling for the fun of gambling, not to be rich from it or depend on gambling for a living, but only to just gamble in their leisure time with little money they can lose willingly without it affecting their weekly budgets.

I think it’s a good point being brought up and if I am answering honestly it’s a different solution for everyone. In order to gamble responsibly one must know whether or not he can afford to lose what he is gambling, if you can’t then it’s definitely not worth it and you should carry on

Yeah, it's important to not to loose yourself if things won't go your way no matter how much was behind a bet

actually, the problem of greater losses does not lie in cutting capital allocation or not. everything lies in the gambler's ability to manage the limits that he can bet.
for example, a gambler who allocates $ 100 capital every day to bet. the gambler can be consistent with the limit even though he has enough funds to increase his capital and play longer at the casino if the first capital runs out, he will not do it.

I know all gamblers must be chasing victory. increasing capital when you are in a difficult situation will not help anything. there is only a greater loss. reducing capital is also not a good thing, because maybe the level of satisfaction of playing each gambler is different.
every gambler can certainly manage their gambling activities. what must be remembered, everything must be done responsibly.

Reduces the money to bet is something that we must do so we don't have to gets a big lose in gambling. We can't win big easily from gambling because the chance will not too big so we must understand that playing gambling doesn't need to use too big money, more than the money that we can afford to lose. If we reduces the money to bet, we can prevents the big risks of losing the money.

Indeed, the risks will still be there whether you bet a large or small amount but you can reduce the risks of losing the money by placing a small bet. If you can do that, you don't have to thinks about the lose money because that is the amount you can afford to lose. That will be different if finally you use more money to playing gambling and lose that money. You will still thinks your lose and wants to recover your losses money by keep playing gambling. That can make you gets a big lose than you can imagine and in the end, you will regret because of the big lose.

So your title should read "Is" the juice worth the squeeze"..not "do" .  Sorry just become a bit of a grammar nazi over the years (not that mine is amazing or anything).

To answer the question of your thread.. I mean if you end up winning your bet you're going to say "sure the juice is worth the squeeze" and if you lose you might just be saying the opposite.  I guess really what it comes down to is risk vs reward and how much education behind the bet you're using to place it (with confidence and knowledge or just throwing a shot in the dark and hoping for the best).

This amount is, indeed, too much. Half of your profit for your entertainment or for your hobby? Nah. Except if you see it as your source of profit, but it's foolish to think so about gambling, and it's very hard to not to fall to temptations this way.

We all know that the characteristics of success is the ability to take risks but in gambling I don't think the risk worry it cause for some gamblers that spend almost half their income monthly to gamble inorder to get big amounts and wins and at the end of the day they loose everything,so definitely it doesn't worth it.

You can't take up such huge risk all because you want to earn big,what I'm saying it's not applicable to other aspects but to gambling cause it's one aspect that drains a rich man to Zero all in the name of taking risk when you're not wise enough.

I applaud your experience and your position on it that you shared there. It's better for the gambler's well-being that way. When priorities are straightforward and they are in line with your well-being - a good time is coming for you.

I don't gamble with the intent of having the largest amount of money and I think that has been the anchor to my continuous responsible gambling habit over the years. When you focus on to getting the largest amount (which is 99% impossible) you go your way to even using money not budgeted for gambling, and that's bad. But when you set your priority right within a minimum achievable target with every bet the chances are that you might be getting more wins with your bets than you're losing. Talking from experience.

Not everyone that's is playing plays solely for the money, it's just that those that plays for the money are much in numbers than those that plays for fun. Let say about 75% thereabout plays for the money.  The benefits is relative to how your approach .

Yep, totally valid. It's essential to take gambling as the means for entertainment, otherwise, chances are you are not going to have a good time while doing it

Yeah, that's true! Using small amounts of money for gambling can definitely help prevent big losses. It's important to control ourselves and not let greed take over. Only gamble with money you can afford to lose, that way you won't regret it if you do lose. Remember, gambling should be for entertainment and fun, not to make money.

Playing with small amounts can help us enjoy the game without chasing wins and getting addicted. It's easier to handle losses when the money at stake is manageable. People should limit their bets to what they can afford to lose to avoid getting into trouble.